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Singapore Overview

Singapore

in figures

Primary Energy Consumption86.5 million toe

Oil Consumption1.43 million bopd

Refinery Throughput1.07 million bpd

Singapore: Trade and Technology

The lack of resources in the ground might initially suggest a country with a fairly stagnant hydrocarbons industry, but Singapore is anything but. A major trading centre and a hub for oilfield technology, the city-state plays a pivotal role in the Southeast Asian energy landscape.

Due to its favourable tax regime, strategic location, transportation infrastructure and stable political climate, Singapore has come to serve as a base for oil and gas companies involved in exploration and production activities in Southeast Asia. The diminutive city-state has become a magnet for international oil companies.

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KBR has won engineering contracts from Seatrium for the topsides facilities of two new FPSOs to be deployed by Petrobras in…

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Indonesia - September 02, 2024

Conrad has signed a sale agreement with Sembcorp Gas for the export portion of the natural gas from its Mako field.

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NEWS
Singapore - August 13, 2024

TotalEnergies has delivered its first cargo of 100% biofuel bunker in Singapore.

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NEWS
Singapore - February 26, 2024

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Seatrium and Shell renew ship repair contract
NEWS
Singapore - February 14, 2024

Seatrium has resigned a contract with Shell and GasLog LNG Services to service LNG carriers in Southeast Asia.

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Sembcorp hits record drillship milestone
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Sembcorp Marine has successfully delivered the world’s second eighth-generation drillship to its subsidiary in Finland, the Singaporean engineering company announced…

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Interview
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Ademola Adeyemi-Bero, CEO and managing director of FIRST Exploration & Petroleum Development Company (FIRST E&P), talks to The Energy Year about the company’s recent…

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Akinyemi Okeremi, CEO of YYConnect, talks to The Energy Year about the company’s activities in Nigeria, its success in acquiring a marginal field licence in the 2020…

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